SAZAN GROUP 401(K) PLAN AND TRUST

At the end of 2022, the total retirement plan assets of SAZAN GROUP 401(K) PLAN AND TRUST is $6,209,169.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in SAZAN GROUP 401(K) PLAN AND TRUST is 123

In 2022, the average participant retirement account value for SAZAN GROUP 401(K) PLAN AND TRUST is $50,481

In 2022, the estimated average employee contribution amount per participant for SAZAN GROUP 401(K) PLAN AND TRUST is $7,593

In 2022, the estimated average employer match for an employee in SAZAN GROUP 401(K) PLAN AND TRUST is approximately $3,303

In 2022, SAZAN GROUP 401(K) PLAN AND TRUST allocates $406,333 to match its employees’ contributions, providing an employer match rate of 40.54% of their contributions

In 2022, the total retirement plan asset growth rate of SAZAN GROUP 401(K) PLAN AND TRUST is 21.85%

In 2022, the estimated aggregate retirement account investment gain/loss for SAZAN GROUP 401(K) PLAN AND TRUST is -14.69%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAZAN GROUP 401(K) PLAN AND TRUST is 0.48%.

Enrollment Features

SAZAN GROUP 401(K) PLAN AND TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.